https://www.taxtmi.com/caselaws?id=24940 The court held that the firms engaged in printing and dyeing activities qualified as industrial undertakings under the Wealth-tax Act, 1957. The court affirmed that these activities constituted manufacturing or processing of goods, granting the assessee exemption under section 5(1)(xxxii) for the assessment years in question. The court ruled against the Revenue, remanding the case to the Appellate Tribunal for further proceedings without cost orders. en-us Thu, 04 Feb 1988 00:00:00 +0530 Sat, 23 Jan 2010 13:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24940 The court held that the firms engaged in printing and dyeing activities qualified as industrial undertakings under the Wealth-tax Act, 1957. The court affirmed that these activities constituted manufacturing or processing of goods, granting the assessee exemption under section 5(1)(xxxii) for the assessment years in question. The court ruled against the Revenue, remanding the case to the Appellate Tribunal for further proceedings without cost orders. Case-Laws Wealth-tax Thu, 04 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24940